CapitaLand Ascott Trust (OTCMKTS:ATTRF) Short Interest Update

CapitaLand Ascott Trust (OTCMKTS:ATTRF) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 69,684 shares, an increase of 238.5% from the May 31st total of 20,584 shares. Based on an average daily volume of 13 shares, the days-to-cover ratio is currently 5,360.3 days.

CapitaLand Ascott Trust Stock Performance

Shares of ATTRF opened at $0.74 on Monday. The company has a 50-day simple moving average of $0.74 and a 200-day simple moving average of $0.72. CapitaLand Ascott Trust has a 52-week low of $0.67 and a 52-week high of $0.78.

About CapitaLand Ascott Trust

CapitaLand Ascott Trust (CLAS) is the largest lodging trust in Asia Pacific with an asset value of S$8.7 billion as at 31 December 2023. CLAS' objective is to invest primarily in incomeproducing real estate and real estate-related assets which are used or predominantly used as serviced residences, rental housing properties, student accommodation and other hospitality assets in any country in the world. CLAS was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) since March 2006, and is a constituent of the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index).